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LB Blake Martinez re-structures deal, will return to Giants in 2022

Giants get defensive leader back after cost-cutting move

NFL: New England Patriots at New York Giants Dennis Schneidler-USA TODAY Sports

The New York Giants are likely to have many more salary cap casualties in the coming days, but Blake Martinez will not be one of them.

The seventh-year linebacker and team captain has agreed to restructure his contract to remain in New York, Jordan Schultz reports.

Martinez was slated to have a salary cap hit of $14.025 million in 2022, per OvertheCap. Releasing him would have saved $8.525 million but left the Giants with $5.5 million in dead money.

The Giants signed Martinez to a three-year contract in 2020, and he quickly became an integral part of their defense. He led the team that year with 151 tackles, 57 more than anyone else on the roster.

Martinez played only three games and recorded 21 tackles last year before tearing his ACL in a Week 3 loss against the Atlanta Falcons.

The announcement comes just a day after Sterling Shepard also reworked his contract to a team-friendly deal. With the Giants still needing to clear up salary cap space, James Bradberry remains a prime candidate for a trade or move of some sort.